Are subscriptions to OTT platforms tax deductible?
The onus to establish a nexus between business and subscription charges lies with the taxpayer. The invoice for such payments should be in the name of the assessee and the payment for the subscription should be made from the bank account maintained for the business.
The onus to establish a nexus between business and subscription charges lies with the taxpayer. The invoice for such payments should be in the name of the assessee and the payment for the subscription should be made from the bank account maintained for the business.